Orange East Gold Project
New South Wales, Australia
Project Overview
Orange County, N.S.W
The Orange East project comprises a tenure package of ~100km2 within the Lachlan Fold Belt of Orange County, NSW.
80% owned by Cosmos the ground is highly prospective and is situated just 15 km along strike from Regis Resources’ 2 MOz McPhillamy’s resource (Probable Reserve of 60.1Mt at 1.05g/t Au) which is currently progressing through the approvals and permitting stage of development.
Regional Geology
Surrounded by Large Uranium Deposits
The tenure is situated on the eastern margin of the Molong Volcanic Belt with much of the tenement hosting the Mullions Range Imbricate Thrust Zone.
The regionally significant Godolphin-Copperhannia Thrust Fault zone traverses through the centre of the tenement and hosts dozens of historical copper-gold workings.
Historical Exploration
Highly Prospective Targets Defined
Licence EL8442 was subject to a 50 x 200m surface sampling by a previous operator in 2012. This identified a number of coherent polymetallic surface anomalies. The most prospective of which is the Springfield anomaly.
Cosmos believes this represents a comparable, if slightly smaller, signature to the McPhillamy’s deposit possibly deeper and concealed by cover or dipping to the north.
In 2023 Cosmos completed 37 air-core holes and one Reverse Circulation (RC) hole for 990m at the Quintons Prospect (ASX Announcement).
Future Activities
Operations Roadmap
A comprehensive surface sampling campaign to fully screen tenements EL8807 & EL6378 to the same data density as EL8442 is planned to be undertaken in the upcoming NSW field season. Given the Godolphin-Copperhannia Thrust Fault strikes directly from McPhillamys through to the Springfield anomaly through EL8807 Cosmos fully expects to delineate a number of further polymetallic anomalies through this work.
